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Ocado Careers

Financial Accountant

Toronto, Canada

Founded in 2014, Kindred is a robotics and artificial intelligence (AI) company that develops robots to solve real-world problems. Its mission is to enhance the lives of human workers with the power of AI robotics. Kindred’s cutting-edge technology is the foundation of a number of proprietary platforms, including CORE with AutoGrasp™, developed to operate robots autonomously in dynamic environments. Its team of scientists, engineers and business operators have set a new standard for reinforcement learning for robots. The company is co-located in San Francisco and Toronto and is part of the UK-based Ocado Group plc.

 

Summary of role and responsibilities:

Reporting to the Director of Accounting Operations North America, the Financial Accountant  is a key Accounting team member (part of Ocado’s North America Accounting Team)

The Financial Accountant is responsible for timely and accurate customer invoicing, A/R collections, commission calculation, expense verification and assisting in the vendor payment process. The Financial Accountant will also assist in other day-to-day business accounting and finance activities.

In this role, I am accountable for:

  • Evaluate contracts, review new sales orders and maintain the billing process for proper revenue treatments.
  • Review new contract terms and validate contracts set up in Sage for accuracy of terms, including but not limited to invoice amount, frequency renewal and terminations.
  • Maintain the billing file daily.
  • Review the customer invoices raised out of Sage per the billing file.
  • Analyze the Deferred Revenue waterfall/roll-off schedule supporting the total recorded deferred revenue balance.
  • Analyze anticipated vs complete invoice status to identify exceptions.
  • Key balance sheet reconciliations (AR / Def Rev / Commission accrual)
  • Stay on top of customer collections. By working with the sales team and constantly communicate with the customer’s AP department to ensure timely payment of invoices. 
  • Assist in processing and posting A/P invoices and obtaining approvals.
  • Review and process employee reimbursements.
  • Assist in year-end audit, tax preparation, and other statutory filings
  • Assist with additional projects as requested
  • Building excellent relationships across Finance and Business, working to resolve issues in a timely manner
  • Assisting in continuous improvement projects (including relevant systems) and testing (where required)
  • Providing oversight, understanding variances, and proactively identifying problems and opportunities to standardize, streamline and improve processes and accuracy 
  • Driving the professionalization of Ocado reporting and raising the bar on quality
  • Supporting internal control and audit processes and the safeguarding of Ocado assets 
  • Embedding a culture of controls within the team, responsible for operating effectiveness of all key controls within the department’s processes and remediation of any control weaknesses
  • Championing Ocado’s values
  • Other duties as assigned

What key business competencies will enable me to succeed in this role:

  • Good experience in a global financial operations environment with a track record of delivering effectiveness, efficiency and compliance targets / SLAs
  • Bachelor’s degree in Accounting and Finance. Pursuing a CPA designation. Strong knowledge of IFRS 
  • 3+  years of accounting experience
  • In-depth understanding of core financial processes and relevant systems preferred (Sage, Oracle Fusion, FCCS, EPBCS)
  • Good knowledge of accounting, tax and reporting standards & principles, 
  • Experience in a fast-paced, high-growth, global organization
  • Experience in delivering outstanding customer/user experience
  • Experience in process improvement and automation
  • Excellent excel skills
  • Hands-on experience in a similar size company; “can-do” the mechanics of the function
  • Strong analytic and organizational skills, attention to detail
  • Outcome-focused: ability to prioritize critical activities to achieve outcomes
  • Have a continuous improvement mindset to continually drive efficiency and performance
  • Ability to collaborate with peers, members of management and cross-functional team
  • Ability to build trusted relationships with their stakeholders. Become a trusted partner to stakeholders
  • Experience with supply chain, fulfillment, or manufacturing preferred

 

 

 

About Ocado Group

When our journey started, we were all about changing the way people shop for groceries. 20 years later, we’re developing our own ground breaking technology, opening multiple sites at an accelerating rate and engaging in exciting new business partnerships around the world!

Transforming an industry also means transforming the way we do business.   As we continually develop new technologies and customer propositions, we’re looking for the Everyday Pioneers to lead us into the next stage of our evolution: enhancing our capabilities, inspiring our teams and developing new ways of working.

Changing the way the world shops, for good.

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